Abolish the Debt Ceiling

Petition: I stand with progressives in Congress in support of abolishing the debt ceiling by passing the Full Faith and Credit Act of 2013.

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It’s time to abolish the debt ceiling. What seemed like a simple way to consolidate federal debt in 1939 has turned into a yearly crisis that led, in 2011, to the first ever downgrade of the United States’ credit rating.

The House majority needs to responsibly agree to pay for the legislation they pass without threatening to wreck the economy if they can’t renegotiate the budget they’ve already approved for the year.

The American people are tired of having our futures held hostage to one manufactured crisis after another. The House majority needs to stop wasting everyone’s time and deal with real issues like job creation.